Posts

Showing posts with the label India Life Insurance Market

India Life Insurance Market to Grow at an Impressive Rate until 2025

Image
Growing number of accidents along with increasing awareness about life insurance policies to drive India life insurance market According to TechSci Research report,  “ India  Life Insurance Market  By Type of Insurance Providers (Public Sector Vs Private Players), By Premium Type (Regular Premium, Single Premium), By Plan (Endowment, Annuity, Money Back, Unit Linked), By Type of Coverage (Individual, Group), By Term of Coverage (Term Life, Whole life), By Premium Range (Up to USD500, 501-2000, 2001-5000, 5001-10000, Above 10000), By Mode of Purchase (Direct Company Representatives, Online Portal, Insurance Agent, Others), By End User (Minors, Adults, Senior Citizens), By Region, Forecast & Opportunities, 2025 ” , the India life insurance market is expected to grow at an impressive rate during the forecast period on account of potential benefits being offered by life insurance plans. Additionally, tax incentives on insurance products makes them more attractive, wh...